Canmore Company has the following data pertaining to 2014: Factory overhead rate is 125 percent of direct labor costs.
What is the ending materials inventory balance for Canmore in 2014?
A) $50,000
B) $62,500
C) $12,500
D) $37,500

Question

Canmore Company has the following data pertaining to 2014:  Factory overhead rate is 125 percent of direct labor costs.
What is the ending materials inventory balance for Canmore in 2014?
A) $50,000 
B) $62,500 
C) $12,500 
D) $37,500

Quizplus · Accepted Answer

The Answer of Canmore Company has the following data pertaining to 2014:  Factory overhead rate is 125 percent of direct labor costs.
What is the ending materials inventory balance for Canmore in 2014?
A) $50,000 
B) $62,500 
C) $12,500 
D) $37,500

Canmore Company Has the Following Data Pertaining to 2014